I think it’s fair to say that at some point in each of our lives, we’ve heard the phrase “money can’t buy happiness”, or some version thereof. Usually meant as a cautionary comment against greed or those prioritizing money, the phrase has yielded some interesting and...

Recently, I came across the idea of Financial Abstraction: the notion that as money becomes more of an idea and less tangible, it changes the way we interact with it on a regular basis. Adam Carroll, an internationally recognized financial literacy expert, discusses...

The original idea behind the mutual fund was a basic one—allow investors to build and access a diversified portfolio without high trading costs. Now, almost 100 years later, there are over 10,000 mutual funds and ETFs available in the U.S. that span almost all asset...